
Palm Desert, California 92211
This Turnkey Resort Condominium is a Prime Investment Opportunity listed at $384,900—positioned well below the $393,410 Fair Market Value by 2%. This valuation gap offers $8,510 in Instant Equity. Boasting an Excellent Condition Rating with a New 2024 Roof and Granite Kitchen, the property is optimized for immediate occupancy or high-yield Short-Term Rentals. Located near James Earl Carter Elementary with stunning Mountain Views, it balances lifestyle luxury with financial upside. This is an ideal acquisition for Vacation Rental Investors or Seasonal Residents.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 188 Torrey Pine Drive Subject | $384,900* List Price | 2 | 2 | 1,330 | $296 | - |
A 153 Desert Falls Circle Sold | $480,000 | 2 | 2 | 1,330 | $361 | 0.6 mi |
B 760 Montana Vista Drive Sold | $385,000 | 2 | 2 | 1,360 | $283 | 0.5 mi |
C 139 Villa Court Sold | $370,000 | 2 | 2 | 1,330 | $278 | 0.3 mi |
D 292 Desert Falls Drive E Sold | $342,000 | 2 | 2 | 1,330 | $257 | 0.3 mi |
E 549 Desert Falls Drive E Sold | $345,000 | 2 | 2 | 1,330 | $259 | 0.2 mi |
F 450 Desert Falls Drive N Sold | $412,000 | 2 | 2 | 1,330 | $310 | 0.3 mi |
G 304 Desert Falls E Active | $479,000 List Price | 2 | 2 | 1,330 | $360 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone extensive recent renovations, including a new roof in 2024, a fully updated kitchen with granite countertops and stainless steel appliances, modern wood-look flooring, and a completely remodeled bathroom with contemporary subway tile and updated fixtures.
The property allows short-term rentals in a prestigious guard-gated community, offering a turnkey opportunity for investors to capitalize on high demand from vacationers and snowbirds.
Residents have access to a championship 18-hole golf course, 25 pools, tennis and pickleball courts, and a full fitness center, providing a high-end lifestyle and strong guest appeal.
Significant upgrades including a new roof (2024), a new water heater, and a renovated kitchen with granite countertops reduce immediate maintenance concerns for the buyer.
As a second-floor unit, the lack of ground-level access may limit appeal for buyers with mobility concerns or those preferring direct entry.
Despite modern interior renovations, the 1989 build date may mean some original structural elements or community aesthetics feel dated compared to newer desert developments.
Exceptional investment opportunity in Desert Falls Country Club--an upgraded, turnkey 2-bed, 2-bath second-floor unit, minutes from Palm Springs Airport. Situated in a 24-hour guard-gated community with a Ron Frehm 18-hole championship golf course, 25 pools, lighted tennis and pickleball courts, full fitness center, pro shops and clubhouse dining. The community allows short term rentals and has a strong short and long term rental potential and year-round appeal to vacationers, snowbirds, and corporate travelers.Recent upgrades include new flooring, renovated kitchen with granite counters and stainless appliances, new water heater and recently replaced roof (2024). Additional features include fresh paint, and in unit laundry room, vaulted ceilings, two private patios overlooking pool and spa and a large 2-car garage. Flexible guest access to club amenities and reduced green fees enhance revenue potential. Proximity to dining, shopping, entertainment and 50+ area golf courses supports high occupancy and premium nightly rates. Low-maintenance condo in a prestigious community--ideal for investors seeking dependable cash flow and appreciation in today's market.
No exterior & parking available.
Grades K-5 • 2.0 mi
Grades 9-12 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,330 | 1,580.5 | 29% |
| Lot Size | - | 2,613.5 | 21% |
| Price | $384.9K | $470.0K | 23% |
| Price per sq ft | $289 | $318 | 35% |
| Built year | 1989 | 1987 | 61% |
| HOA | $285.0 | $845 | 5% |
| Days on market | 19 | 161 | 1% |
Apr 3, 2026
$384,900
Initial Listing
Jan 23, 2012
$180,000
Public Record
May 6, 2005
$308,000
Public Record
Jul 7, 1999
$119,500
Public Record